On August 5, BROOKFIELD ASSET MANAGEMENT LTD rose 3.39% in regular trading, trading at $52.4/share, with turnover of $122 million.
On the news front, parent company Brookfield announced on August 3 the completion of its full acquisition of the remaining 26% stake in Oaktree Capital for approximately $3 billion. The deal had previously cleared a key regulatory hurdle when India's competition authority formally approved the transaction in late July.
Following the acquisition, Brookfield's total global assets under management officially surpassed the $1 trillion milestone, spanning five major segments: infrastructure, energy, private equity, real estate, and credit. Oaktree's integration further expands Brookfield's capabilities in opportunistic credit, asset-backed financing, and investment-grade corporate credit. The milestone positions the firm alongside the largest alternative asset managers globally and caps a period of aggressive expansion that has included investments in AI deployment, data centers, logistics, and fiber infrastructure.
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